doing business in myanmar – what you need to know as a singaporean
Mandalay’s Maha Aung Myay gem-trading centre remains in limbo as regional authorities continue to monitor COVID-19 in the country while deciding whether to allow the centre to reopen.
On Sunday, a team from the Mandalay city mayor’s office inspected the market’s efforts to prevent the spread of COVID-19, such as by installing washbasins, providing hand gel and enforcing social distancing.
U Kyaw Zaw Aung of the Mandalay City Development Committee (MCDC) said the team will submit its findings to the regional government so that the authorities can decide whether to allow it to reopen.
He said, “The preparations for the reopening of the market are perfect, and the mayor is satisfied, but the approval of regional government is still needed.” Maha Aung Myay can attract thousands of traders and buyers every day, some from as far away as Yunnan province in China.
The government closed the market in March to prevent the spread of COVID-19, said U Myo Myint Naing, secretary of the market committee. He said the committee had issued 40,000 cards to traders that permit them to engage in business only at certain times of the day to prevent crowds in the market.
U Myo Myint Naing said, “Business is not good outside the market. It is still more profitable inside.” – Translated
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source: Myanmar Times
